£220,891
This estimated value is based upon the latest sale price for the house of £132,000 on 15 May 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £132,000 | 15 May 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in May 2013 the House Price Index for WEST MIDLANDS was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £132,000 results in an estimated price of approximately £220,891.
| 15 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.342 % | £132,000 | £88,891 | £220,891 |
The Postcode Pricing Model uses changes in average sales price within the WV4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 59.329 % | £78,314 | £210,314 |
| 3 Month Average | 58.347 % | £77,018 | £209,018 |
| 6 Month Average | 57.546 % | £75,960 | £207,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £232,979 | £230,000 | 416 WOLVERHAMPTON ROAD EAST |
| 12 Jul 2023 | £238,206 | £235,000 | 58 PARK HALL ROAD |
| 7 Jul 2023 | £208,810 | £206,000 | 404 WOLVERHAMPTON ROAD EAST |
| 2 Jun 2023 | £280,903 | £277,500 | 8 PARK HALL ROAD |
| 16 Jan 2023 | £246,837 | £248,000 | 24 FENMERE CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 26 Apr 2012. Using an estimated price of £220,892 means this house is valued at £3,346 per sq meter (£310 per sq foot).
The average size of a house on LEWTHORN RISE is 88 sq meters (957 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Lewthorn Rise |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Lewthorn Rise |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Lewthorn Rise |
| Feb 2024 | Anti-social behaviour | On or near Linslade Close | |
| Feb 2024 | Anti-social behaviour | On or near Linslade Close |